>Financial Daily Dose 2.19.2020 | Top Story: Arguments Begin Regarding Facebook’s 2010 ...
Financial Daily Dose 2.19.2020 | Top Story: Arguments Begin Regarding Facebook’s 2010 Tax Bill
Blog Post
On Tuesday, a U.S. federal tax court began hearing arguments regarding Facebook’s 2010 tax bill. The IRS valued Facebook at $13.8 billion, while Facebook reported only $6.5 billion. The final tally could potentially cost Zuck’s baby between $5-9 billion, depending on the ruling’s impact on future tax calculations and penalties. – Law 360 The U.S. District …
The post Financial Daily Dose 2.19.2020 | Top Story: Arguments Begin Regarding Facebook’s 2010 Tax Bill appeared first on Robins Kaplan Trial Attorneys Blog.
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